David Grende
President & CEO

David is a specialized lending executive with more than 30 years’ experience building and running asset based lending businesses, executing debt restructurings, taking on interim management roles, and completion of complex asset workouts and recoveries

David is currently President & CEO of Siena Lending Group, an independent finance company, headquartered in Stamford, CT. Siena provides asset based loans in the $1-$25MM range serving the lower middle market of borrowers. Siena transacts for its own balance sheet as well as providing a servicing platform and syndication conduit for its community banking partners desirous of diversifying their portfolios into C&I.   

Prior to Siena, David was Chief Executive Officer of Burdale Capital Finance (BCF) a wholly owned asset based lending subsidiary of the Bank of Ireland which provided transatlantic financing solutions to a $1.7B portfolio of clients. In 2006, David was hired to start BCF as a de novo ABL US business and built the business into a widely recognized brand. BCF was sold to Wells Fargo in 2012 as part of the bank deleveraging required by the IMF bailout of Ireland in 2010.

Before starting Burdale, David was a Managing Director in the Corporate Advisory Services practice at Huron Consulting Group where he led a Huron team in successfully launching Delta Air Lines, Inc. into a seamless bankruptcy proceeding, and also managed restructuring teams at ATA Airlines and Air Jamaica. David also served in a interim management role, for Comdisco Ventures. He successfully managed the runoff of a $1.5Billion lease, subordinated loan and private equity venture capital portfolio where his team exceeded the business plan he created, from both return and timeline perspectives.

Prior to Huron, David was Chief Operating Officer at a Bank of America Commercial Finance subsidiary, which he also started as a de novo asset-based finance business. David started his career at the CIT Group\Credit Finance where he was promoted six times finally becoming EVP/Chief Operating Officer in charge of three regions and 185 employees.

David earned a Bachelor of Science, Economics, from City College of New York and became a Certified Insolvency & Restructuring Advisor (CIRA) in 2004

David has been on the Executive Committee of the Commercial Finance Association for the past six years and is presently a member of the Management Committee as well.